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Fed Chief Gets a Likely Backer

With Minneapolis President, Bernanke Looks to Have Majority for Bond Buying

By

Jon Hilsenrath

Updated Jan. 10, 2011 12:01 a.m. ET

Narayana Kocherlakota gets his first crack at voting at Federal Reserve policy meetings later this month, and the wonky former academic said he is likely to support the Fed's controversial $600 billion bond-buying program.

"The bar for dissent from the committee is going to be pretty high for me," Mr. Kocherlakota, 47 years old, said in an extensive interview last week, his first with the national media.